Mustek upbeat as fibre sector soars
With fibre penetration in SA rising off a low base, several providers are starting to push into low-income areas
Mustek, an assembler and distributor of information and communications technology (ICT) products, says orders for its cabling products suggest that SA’s fibre-to-the-home market is exploding in 2018. "Comparing calendar years 2017 and 2018, we’re seeing growth in that sector not of 20%, we’re talking probably 500%," Mustek CEO David Kan told Business Day. "The industry will grow and hopefully we will be able to share some of the growth." With fibre penetration in SA rising off a low base, several providers, including Vumatel, are starting to push into low-income areas. Mustek supplies fibre cabling products to the likes of Vumatel and Vodacom. While cables were less profitable than computer products, Kan said increased demand for bandwidth would probably spur device sales. He said the local ICT market would also be buoyed by Microsoft’s announcement that it would no longer support the Windows 7 system from January 2020. "In the corporate [state-owned entity] and government sectors, ...